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In July, the turnover of retail trade enterprises increased

News
Posted on 30 August 2018, 11:00
According to Statistics Estonia, in July 2018, compared to July of the previous year, the turnover of retail trade enterprises increased 2% at constant prices.

In July 2018, the turnover of retail trade enterprises was 624.1 million euros.

The turnover of stores selling manufactured goods increased 5% compared to July 2017. The turnover increased in five and decreased in one economic activity. In one economic activity, sales remained on the level of the previous year. Turnover increased the most in pharmacies and stores selling cosmetics, with sales increasing 13% in a year. Turnover increased also in stores selling via mail order or the internet (11% growth), in stores selling household goods and appliances, hardware and building materials (8% growth), in other non-specialised stores e.g. department stores, which sell predominantly manufactured goods (7% growth), and in stores selling textiles, clothing and footwear (3% growth). The turnover of other specialised stores, such as stores selling predominantly computers and their accessories, books, sports equipment, games, toys, etc. decreased compared to July of the previous year. The turnover of stores selling second-hand goods and in non-store retail sale (stalls, markets, direct sale) remained at the same level as in July of the previous year.

The turnover of grocery stores stayed at the same level compared to July 2017.

The turnover of enterprises engaged in retail sales of automotive fuel decreased 3% compared to July of the previous year.

Compared to the previous month, in July, the turnover of retail trade enterprises increased 3%. According to the seasonally and working-day adjusted data, the increase was 1%. In the seven months of 2018 (January–July), the turnover of retail trade enterprises stayed at the same level compared to the corresponding period of the previous year.

Turnover volume index of retail trade enterprises and its trend, January 2008 – July 2018 (2015 = 100)

The statistics are based on the VAT declaration data of the Estonian Tax and Customs Board. Statistics Estonia published the monthly summary in four working days. For the statistical activity “Economic indicators of trade enterprises”, the main representative of public interest is the Ministry of Economic Affairs and Communications, commissioned by whom Statistics Estonia performs this statistical activity.